The NSW Government has announced a new incentive for first home buyers. At present, any properties purchased for a figure of $650,000 or less receive a full stamp duty exemption. For properties up to $800,000, discounts apply. The new incentive increases this stamp duty exemption for those purchasing new properties. As of 1 August, for a period of 12 months, any new properties purchased for a figure up to $800,000 will receive a full stamp duty exemption. New properties purchased for up to $1mil will have some stamp duty reductions. So for those buying a property up to $800,000, there is a potential saving for first home buyers of up to $30,000. This could fast- track the opportunity for fir